Cresco Stock Falls After Equity Distribution Agreement with Canaccord
Cresco stock is taking a hit this morning after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) announced an equity distribution agreement with Canaccord Genuity Corp. Major Development The past few months have not been particularly great for ... [Read]
Cresco Stock Falls After Canceling VidaCann Acquisition, All Eyes on Q3
Cresco stock is under pressure this morning after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) announced that it has terminated its acquisition of VidaCann Ltd., originally announced in March. Another Blow for the Industry The cannabis industry ... [Read]
Cresco Labs Stock Sinks as Tryke Acquisition Nears Completion
Cresco Labs stock is down 5.2% on Thursday after the company announced the expiration of the necessary waiting period under the HSR Act ahead of its acquisition of Tryke Companies. Cresco Labs Stock Down Due ... [Read]
Cresco Labs Stock Gains as Origin House Deal Nears Completion
Cresco Labs stock is in the green today after Cresco Labs (CSE:CL) (OTCQX:CRLBF) announced the expiration of a waiting period ahead of its acquisition of Origin House. Cresco Labs Stock Trading Up on Billion-Dollar Deal ... [Read]
Cresco Labs Stock Down 8% Despite Receiving Illinois Approval
Cresco Labs stock is down over 8% today despite the company receiving approval for three new cultivation facilities in Illinois. First Such Approval in Illinois Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) confirmed this morning that it had ... [Read]
Cresco Labs Stock Gains on Sale-and-Leaseback Agreement
Cresco Labs stock is moving up slightly after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) reached a binding agreement to sell two properties to Innovative Industrial Properties (NYSE:IIPR) for $46.3 million. Key Details The whole cannabis industry ... [Read]
Cresco Stock Sinks Following Acquisition of Tryke Companies
Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) has today announced the $282.5 million USD acquisition of Tryke Companies, causing Cresco stock to drop 8.3%. Investors in Cresco Stock Not Feeling Bullish Tryke Companies, a medical marijuana firm based ... [Read]
Cresco Stock Erases Early Gains Despite Solid Quarterly Earnings
Cresco stock is showing higher volatility this morning and turned 4% lower after rising earlier in the opening session. Investors are reacting negatively despite solid earnings from Cresco Labs (CSE:CL) (OTCQX:CRLBF). Impressive Results At the ... [Read]
Cresco Labs Announces European Stock Exchange Listing: Shares Move!
According to a press release announced earlier today, one of the US's largest cannabis companies is now listing on a European stock exchange. Cresco Labs (CSE:CL) (OTCQX:CRLBF), a vertically integrated multistate operator, is now listing ... [Read]
Cresco Labs Stock Soars: Moves into New York with Valley Ag Acquisition
Shares of Cresco Labs (CSE:CL) (OTCQX:CRLBF) are on the rise 6.07% at the time of writing and selling for $10.49 USD. The company announced that it received regulatory approval for its acquisition "of 100% of ... [Read]